What is Wedbush’s Estimate for CarMax Q4 Earnings?

CarMax, Inc. (NYSE:KMX) – Equities research analysts at Wedbush cut their Q4 2025 EPS estimates for CarMax in a note issued to investors on Tuesday, December 17th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $0.56 for the quarter, down from their previous estimate of $0.60. Wedbush currently has a “Outperform” rating and a $95.00 price target on the stock. The consensus estimate for CarMax’s current full-year earnings is $3.01 per share. Wedbush also issued estimates for CarMax’s FY2027 earnings at $4.26 EPS.

Other research analysts have also issued reports about the company. Stephens started coverage on CarMax in a report on Thursday, December 5th. They set an “equal weight” rating and a $86.00 price target for the company. StockNews.com raised CarMax from a “sell” rating to a “hold” rating in a report on Friday. Evercore ISI raised their price objective on shares of CarMax from $83.00 to $85.00 and gave the stock a “market perform” rating in a report on Thursday. JPMorgan Chase & Co. lifted their price objective on CarMax from $70.00 to $72.00 and gave the company an “underweight” rating in a research report on Friday. Finally, BNP Paribas raised shares of CarMax to a “strong sell” rating in a report on Friday, September 27th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $85.17.

CarMax Stock Up 0.0 %

Shares of CarMax stock opened at $84.27 on Thursday. The stock has a market capitalization of $13.06 billion, a P/E ratio of 31.68, a PEG ratio of 1.76 and a beta of 1.71. CarMax has a 12-month low of $65.83 and a 12-month high of $91.25. The company has a quick ratio of 0.68, a current ratio of 2.25 and a debt-to-equity ratio of 2.93. The stock has a 50 day moving average price of $78.77 and a two-hundred day moving average price of $77.55.

CarMax (NYSE:KMX) last announced its quarterly earnings results on Thursday, December 19th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.19. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.05 billion. CarMax had a return on equity of 6.83% and a net margin of 1.61%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.52 EPS.

Institutional Investors Weigh In On CarMax

A number of institutional investors have recently modified their holdings of KMX. Assenagon Asset Management S.A. boosted its holdings in shares of CarMax by 292.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 28,539 shares of the company’s stock valued at $2,093,000 after purchasing an additional 21,267 shares in the last quarter. Blue Trust Inc. lifted its stake in CarMax by 134.1% in the 2nd quarter. Blue Trust Inc. now owns 501 shares of the company’s stock valued at $37,000 after purchasing an additional 287 shares during the last quarter. Brookstone Capital Management boosted its position in CarMax by 17.4% in the second quarter. Brookstone Capital Management now owns 4,069 shares of the company’s stock valued at $298,000 after buying an additional 602 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of CarMax by 13.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 233,866 shares of the company’s stock worth $17,152,000 after buying an additional 27,122 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in CarMax by 2.0% in the second quarter. Fifth Third Bancorp now owns 9,008 shares of the company’s stock valued at $661,000 after purchasing an additional 177 shares during the last quarter.

CarMax Company Profile

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.